Title:On the Signaling and Feedback Effects of Umbrella Branding
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Author(s):THAL, JeanineDate:2007Type of Publication:Working PaperSeries/Report no.:EUI MWP; 2007/13Abstract:I consider an adverse selection model of product quality to analyze a firm's incentives to sell different products under an umbrella brand. My main result is that umbrella branding can signal positive quality correlation ...

Title:Openness and the Case for Flexible Exchange Rates
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Author(s):CORSETTI, GiancarloDate:2006Citation:Research in Economics, 2006, 60, 1, 1-21Type of Publication:ArticleAbstract:Models of stabilization in open economy traditionally emphasize the role of exchange rates as a substitute for nominal price flexibility in fostering relative price adjustment. This view has been recently criticized on the ...

Title:Optimal contracts with non-bayesian agents
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Author(s):AUSTER, SarahDate:2014Citation:Florence : European University Institute, 2014Type of Publication:ThesisSeries/Report no.:EUI PhD theses; Department of EconomicsAbstract:This thesis investigates how the theoretical predictions of traditional economic models change when the assumption of Bayesian decision making is relaxed. Bayesian decision theory assumes that decision makers are able to ...

Title:Optimal Debt Bias in Corporate Income Taxation
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Author(s):SIMON, JennyDate:2012Type of Publication:Working PaperSeries/Report no.:EUI MWP; 2012/13Abstract:I present a rationale for a government to discriminate between debt and equity financing when taxing corporate income. For risk-averse entrepreneurs, equity generates more surplus than debt, because it provides financing ...